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Market Capitalization inclined to N318.19 billion as Airtel ended the day as top gainer

T.I Ukende
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Airtel Nigeria office

The NGX shut with an optimistic outlook in the midst of sell-offs and purchase interests as the benchmark All-Share Index (ASI) valued by 129 premise focuses.

The NGX ASI shut down at 46,529.99 places, to mirror a development of 1.29% from the past exchanging day and a Year-to-Date (YTD) return of 8.93%. In the interim, the market capitalization expanded by N318.19 billion.

At the end of market on Wednesday 26th January 2022, the stock trade market esteem presently remains at N25.07 trillion from N24.77 trillion in the past exchanging day.

The market broadness shut level as AIRTEL drove 19 gainers, and 19 failures beat by CADBURY toward the finish of the present meeting.

The financial exchange has progressed 3,813.55 base focuses since the beginning of the year.

NGX ASI Top gainers

AIRTEL up +10.00% to close at N1,271

ETI up +9.55% to close at N10.90

COURTVILLE up +9.09% to close at N0.60

Foundation up +8.86% to close at N0.86

LEARNAFRI up +8.53% to close at N1.40

NGX ASI Top losers

CADBURY down – 9.47% to close at N8.6

Notoriety down – 8.70% to close at N0.42

CHAMPION down – 7.84% to close at N2.35

LINKASS down – 7.14% to close at N0.52

NEIMETH down – 5.26% to close at N1.80

NGX ASI Top Traded by Volume

MULTIVERSE – 57,599,031 units

MBENEFIT – 48,257,904 units

GTCO – 36,746,847 units

CHAMS – 22,060,702 units

NB – 13,368,201 units

NGX ASI Top Traded by Value

MTNN – N995,268,654.80

GTCO – N936,852,160.50

NB – N632,535,523.00

AIRTELAFRI – N515,225,106.90

SEPLAT – N323,695,913.00

Market opinions pattern towards the bulls with the market differential being level as 19 gainers equalled 19 washouts.

SOURCE: Nairametrics

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